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CCLP CSI Compressco LP

2.42
0.00 (0.00%)
15 Jul 2024 - Closed
Delayed by 15 minutes
Name Symbol Market Type
CSI Compressco LP NASDAQ:CCLP NASDAQ Trust
  Price Change % Change Price Bid Price Offer Price High Price Low Price Open Price Traded Last Trade
  0.00 0.00% 2.42 2.37 2.44 0 01:00:00

Statement of Changes in Beneficial Ownership (4)

22/11/2021 11:29pm

Edgar (US Regulatory)


FORM 4 [ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).         
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
                                                                                  
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response...
0.5                       
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

Spartan Energy Partners LP
2. Issuer Name and Ticker or Trading Symbol

CSI Compressco LP [ CCLP ]
5. Relationship of Reporting Person(s) to Issuer (Check all applicable)

_____ Director                    __X__ 10% Owner
_____ Officer (give title below)    _____ Other (specify below)
(Last)          (First)          (Middle)

9595 SIX PINES DRIVE #4000
3. Date of Earliest Transaction (MM/DD/YYYY)

11/18/2021
(Street)

THE WOODLANDS, TX 77380
(City)        (State)        (Zip)
4. If Amendment, Date Original Filed (MM/DD/YYYY)

 
6. Individual or Joint/Group Filing (Check Applicable Line)

___ Form filed by One Reporting Person
_ X _ Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common units representing limited partner interests 11/18/2021  A  1509436 (1)A$1.35 52872399 D  
Common units representing limited partner interests         10952478 I See footnote (2)

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security3. Trans. Date3A. Deemed Execution Date, if any4. Trans. Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
6. Date Exercisable and Expiration Date7. Title and Amount of Securities Underlying Derivative Security
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4)11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares

Explanation of Responses:
(1) Spartan Energy Partners LP ("Spartan LP") agreed to exchange $2.0 million principal amount of the Issuer's 7.25% senior notes due 2022, which were called for redemption by the Issuer on December 13, 2021, for 1,509,436 common units.
(2) Includes (i) 7,463,257 common units held by CSI Compressco GP LLC and (ii) 3,489,221 common units held by CSI Compressco Investment LLC. CSI Compressco GP LLC is the sole member of CSI Compressco Investment LLC. The sole member of CSI Compressco GP LLC is Spartan Energy Holdco, LLC, whose sole member is Spartan Energy Partners LP. As the general partner of Spartan Energy Partners LP, Spartan Energy Partners GP LLC may be deemed to have beneficial ownership of the common units held by Spartan Energy Partners LP. Spartan Energy Partners LP, Spartan Energy Partners GP LLC and Spartan Energy Holdco LLC may be deemed to have beneficial ownership of the common units held by CSI Compressco GP LLC and CSI Compressco Investment LLC.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director10% OwnerOfficerOther
Spartan Energy Partners LP
9595 SIX PINES DRIVE #4000
THE WOODLANDS, TX 77380

X

Spartan Energy Partners GP LLC
9595 SIX PINES DRIVE #4000
THE WOODLANDS, TX 77380

X

Spartan Energy Holdco LLC
9595 SIX PINES DR #4000
THE WOODLANDS, TX 77380

X

CSI Compressco GP Inc
24955 INTERSTATE 45 N
THE WOODLANDS, TX 77380

X


Signatures
SPARTAN ENERGY PARTNERS LP, By: Spartan Energy Partners GP LLC, its general partner, By: /s/ Jonathan W. Byers, Name: Jonathan W. Byers, Title: Secretary11/22/2021
**Signature of Reporting PersonDate

SPARTAN ENERGY PARTNERS GP LLC, By: /s/ Jonathan W. Byers, Name: Jonathan W. Byers, Title: Secretary11/22/2021
**Signature of Reporting PersonDate

SPARTAN ENERGY HOLDCO LLC, By: Spartan Energy Partners LP, its sole member, By: Spartan Energy Partners GP LLC, its general partner, By: /s/ Jonathan W. Byers, Name: Jonathan W. Byers, Title: Secretary11/22/2021
**Signature of Reporting PersonDate

CSI COMPRESSCO GP LLC, By: /s/ Jonathan W. Byers, Name: Jonathan W. Byers, Title: Chief Financial Officer11/22/2021
**Signature of Reporting PersonDate

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